Nikkei extends losses, drops 930 yen as South Korean stock slump spills over; TOPIX edges higher, showing resilience

Price Action

โดย Reuters·Read original

Summary · why it matters

The Nikkei Stock Average extended its losses on the Tokyo stock market, closing down 1.49 percent, or 930.73 yen, at 61,434.19. A sharp drop in South Korean stocks, led by a sell-off in SK Hynix following its earnings announcement, weighed on investor sentiment, and domestic AI and semiconductor-related shares broadly tumbled, driving the Nikkei's decline. Meanwhile, the TOPIX ended slightly higher, up 0.26 percent at 3,974.03 points, with advancing issues outnumbering decliners on the Tokyo Stock Exchange Prime Market, highlighting the overall market's resilience. Among the 33 TSE industry sectors, 25 rose, including transportation equipment and rubber products, while eight fell, such as nonferrous metals and electric machinery. On the individual stock front, Toyota Motor surged 7 percent, while SCREEN Holdings plunged 17 percent and Murata Manufacturing dropped more than 12 percent.